MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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Last Price

0.41

Today's Change

0.00 (0.00%)

Day's Change

0.41 - 0.41

Trading Volume

1,000

Discussions
7 people like this. Showing 50 of 1,818 comments

ElijahYH

Slow month because of the slogan 'Sell in May' ? Don't trust that nonsensical shxt

2024-04-29 17:33

ryoyagod

Better collect now, otherwise you will chase high afterwards because palm oil theme is coming

2024-04-30 15:06

elhippo2001

Support up support up! Real rally start after hitting 0.50!

2024-04-30 15:11

KarmaS

confident in MBL, no worries at all....

2024-04-30 17:35

MikeyChan

Limit up when it declares dividend 🤑

2024-04-30 22:26

Harim99

Minyak sawit memberi byk faedah kpd kesihatan, dan juga dpt tingkatkan kualiti produk makanan.

https://www.dagangnews.com/article/minyak-sawit-banyak-faedah-kepada-kesihatan-tingkatkan-kualiti-produk-makanan-36926

2024-05-02 11:33

TopKey

Wah i wish can limit up, but market no that good this few weeks

2024-05-02 15:11

AlanToast

just wait for dividend, then gt chance limit up...

2024-05-02 18:08

Aubree

Keep accumulating as it still undervalued and low-risk

2024-05-02 18:42

Lalaking188

0.40-0.50 is accumulate zone for MBL, sit back & minum kopi ais

2024-05-03 15:41

ChandranG

See, palm oil products can not be boycotted in Malaysia or else will kena 😆https://www.freemalaysiatoday.com/category/nation/2024/05/03/convenience-store-raided-for-selling-no-palm-oil-ice-cream/

2024-05-03 16:51

Coleman77

Can always collect while undervalue, MBL performance are improving every quarter

2024-05-03 16:53

ElijahYH

Haha, from Starbucks to KFC, now palm oil? 😂😂

2024-05-03 19:13

elhippo2001

Bolehland mah, one day no boikot very itchy

2024-05-06 16:28

ryoyagod

It won't be as badly affected as KFC. Palm oil industry to continue operating as usual, no biggie

2024-05-06 17:18

mrkhoi306

No big deal, may is the breakout month for Mbl

2024-05-06 17:26

ryoyagod

See, MBL is rebounding and so is CPO price. Really is no biggie one

https://www.mpoc.org.my/market-insight/daily-palm-oil-prices/

2024-05-07 16:35

KarmaS

can always collect below 0.50, confident in MBL!

2024-05-07 17:00

AlanToast

end of month q1 result is out, confirm good profits

2024-05-07 18:51

MikeyChan

Don't forget that MBL might declare dividends 😉

2024-05-07 18:56

TopKey

if declare dividend confirm at least 60cents

2024-05-08 16:47

Lalaking188

if first quarter is doing well, they might give dividend.. wait till end of month first la

2024-05-08 17:45

Aubree

MALAYSIA plans to introduce “orangutan diplomacy” in its relations with major palm oil-importing countries, offering the animals as trading gifts in an effort to allay concerns about the environmental effects of growing the commodity.

2024-05-09 08:31

Albukhary

MBL, once of the most undervalue counter.
100% return is not a dream.

2024-05-14 12:49

Albukhary

MBL start moving

2024-05-17 12:17

Thealanor

Wait QR then move

2024-05-17 18:29

sh0cklife

bila boleh naik

2024-05-21 16:38

Albukhary

Result is out... Just a normal result, nothing special.
But if you look the the Gross Profit, it is quite surprising (Gross Profit RM18mil based on Revenue RM60mil, almost 30%)
The admin cost for this quarter is very high, I believe this is due to China Man company will always give bonus during CNY, so the admin expenses has increase a lot compare to other quarter. (Unlike MNC, they will normally provision for the bonus on quarterly basis, so you wont see suddenly 1 quarter admin cost has jump up 30-40%).

Refer to the QR commentary, next quarter will be very good, because the court case settlement of RM10,000,000 deposit forfeited will be book in as "other income" on next quarter.

2024-05-27 13:05

Thealanor

result is acceptable lah, q2 shud improve

2024-05-30 16:55

Albukhary

Seriously, market capital RM115mil is too low.
MBL is worth at least RM250mil, or RM1.00 per share.

2024-06-12 00:35

Thealanor

one day it will reach 1.00

2024-06-12 16:03

Peace99

Proton eMas, EV end of year leh..... MBL will benefit from this

2024-06-14 10:33

Peace99

And 50 acres of durian maturing next year! So 2025, will have two more new income from EV durian sales!!

2024-06-14 10:38

higHChloride

hold long term...

2024-06-14 15:47

Albukhary

MBL, bila you nak bagun.
Sudah tidur lama, it is time to wake up la.
Stand up and let market see how tall you are.

2024-06-21 14:14

TopKey

patience will pay off soon

2024-06-25 15:20

alienbiru

finally some movement

2024-06-26 17:31

Believe3222

wow mama! what a QR!

2024-08-27 14:26

Believe3222

mainly due to the other income of RM10 million being retained by MBL Plantation Sdn Bhd.

10mil declare special div la. Dont so stingy

2024-08-27 14:30

higHChloride

Very slow lehhhh

2024-09-06 16:43

higHChloride

hahaha sdh lari lor

2 months ago

Starisborn

Crude Palm Oil breaches RM5,045.....better days are ahead 😁

1 month ago

Tomatoman79

Johor Plantations Group Bhd (KL:JPG) said on Monday that it has appointed Johor Corporation (JCorp) affiliated company JL Projects Sdn Bhd as the project manager consortium (PMC) for the construction of its integrated sustainable palm oil complex (ISPOC) for RM30.99 million.

In the bourse filing, Johor Plantations said the three-year contract sum represents 9.9% of the ISPOC’s estimated gross development cost, which works out to be RM313.04 million.

The refinery is expected to be completed by mid-2026.

Japanese oils and fats company Fuji Oil Asia Pte Ltd is the builder for the refinery located in Pasir Logok, Kota Tinggi.

JL Projects is a wholly owned by JLand Group Sdn Bhd, which in turn is 100% owned by JCorp, the largest shareholder of Johor Plantations with a 65% stake.

The group said JL Projects has considerable experience in managing projects on Malay reserved land, ensuring compliance with the relevant regulations by collaborating closely with government agencies. “With an emphasis on accountability and transparency, JL Projects' proven ability to handle complex projects makes them a suitable candidate to oversee the management of the construction of the ISPOC project via the proposed appointment of PMC,” it added.

The ISPOC is a large-scale facility that combines several stages of the palm oil production process in a single location. It comprises a palm oil mill, a specialty fats refinery, a kernel crushing plant, a bio-energy power plant as well as an animal feedmill in a single location.



- got kernel crushing plant. If MBL do this part, will shoot up.

1 month ago

Starisborn

Wow… a superb quarter results. Better days are ahead 👍

3 weeks ago

yrhc_eht

no declare dividend = nothing ...

3 weeks ago

elunmask8

@RM5,287.....Bull run on CPO price and am sure those companies that are involved in CPO industry will gain handsomely, either directly as a CPO supplier or indirectly as supplier of parts/equipment for CPO industry! Bumper harvest awaits believer for this industry!

2 weeks ago

speakup

Yes the only palm company that haven't fly. Company logo got palm oil tree

2 weeks ago

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